Dredging Corporation of India Limited has initiated a postal ballot process to seek shareholder approval for the regular appointment of Shri Jasmeet Singh Bindra as a Director (Promoter, Non-Executive & Non-Independent) and Chairman of the Company. The appointment, effective from June 9, 2026, was initially made by the Board of Directors and requires ratification by members under the provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shri Jasmeet Singh Bindra, IRTS, is a distinguished officer of the Indian Railway Traffic Service (IRTS) of the 1996 batch. He holds a B.Tech in Electronics, MBA and MPA, bringing together strong technical and managerial expertise. His career spans nearly three decades, during which he held key positions in the Indian Railways and the Government of India, including Executive Director (Gati Shakti/Traffic) at Railway Board and Divisional Railway Manager (Ranchi).

The Board of Directors has recommended passing the resolution as an Ordinary Resolution. As a Director (Promoter), Shri Bindra is not entitled to any sitting fee, remuneration, or perks for attending Board and Board Level Committee meetings. He does not hold any equity shares in the Company and has no familial relationships with other Directors or Key Managerial Personnel.

Shareholders can vote on the resolution through remote e-voting. The voting facility commences on Wednesday, 08.07.2026 at 9.00 A.M. IST and concludes on Friday, 07.08.2026 at 5.00 P.M. IST. Members whose names appear in the register of members or list of beneficial owners as on the cut-off date of Friday, 03.07.2026, are eligible to vote.

The Scrutinizer for the e-voting process is Mr. Sachin Agarwal of M/s. Agarwal S. & Associates, with Ms. Shweta Jain as the alternate scrutinizer. Upon completion of scrutiny, the results will be announced on or before 09.08.2026 and displayed on the Company's website.

Key E-Voting Dates

Dredging Corporation of India Limited has closed its trading window for designated persons effective July 1, 2026, to prevent insider trading ahead of its quarterly financial results. The restriction will remain in force until 48 hours after the announcement of the financial results for the quarter ended June 30, 2026. This move aligns with the company's internal code for the prevention of insider trading and ensures compliance with regulatory standards.

The decision was taken pursuant to the SEBI (Prohibition of Insider Trading) Regulations and the DCI Code for prevention of insider trading of securities of the company. The closure is a standard procedural measure implemented during the period leading up to financial disclosures to maintain market integrity and prevent the misuse of unpublished price-sensitive information.

Key Details of the Closure

The company confirmed that the window closure applies uniformly to all insiders subject to the code. P. Chandra Kalabhinetri, Company Secretary, signed the communication addressed to the stock exchanges on June 23, 2026.